News & Analysis

Fraud suspect Durham released from halfway house

April 11, 2011
Scott Olson
Fraud suspect Tim Durham was released from a halfway house on Monday, after a more thorough accounting of his finances was presented to a federal magistrate. Durham had been at the Indianapolis facility since Wednesday.
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Herff Jones sells photography division

April 11, 2011
Kathleen McLaughlin
Indianapolis-based class ring and yearbook maker Herff Jones will sell its photography division to Lifetouch Inc., the company announced Monday.
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Parties near deal for hospital tax

April 11, 2011
J.K. Wall
Officials from Indiana Medicaid and a hospital trade group are trying to craft a deal that would create a tax on hospitals that would help attract more federal funds for hospitals—thereby offsetting looming cuts in state payments.
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Q&A

April 11, 2011
J.K. Wall
Dan Ferber is a freelance magazine writer in Indianapolis who writes about science, health and the environment for such publications as Science, Popular Science, New Scientist, Audubon, and Women's Health. He co-authored a new book with Harvard Medical School's Dr. Paul Epstein titled "Changing Planet, Changing Health: How the Climate Crisis Threatens Our Health and What We Can Do about It." It was published this month.
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Plan shifts Indiana GOP areas to Donnelly's district

April 11, 2011
Associated Press
The Senate Election Committee on Monday released proposed new district maps for Indiana's nine congressional and 50 state Senate districts.
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Portrait Homes parent files for bankruptcy

April 11, 2011
Kathleen McLaughlin
Chicago-based Pasquinelli Homebuilding is seeking bankruptcy liquidation for all its business entities, including Portrait Homes Indiana, which built hundreds of homes in the Indianapolis area.
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Arcadia in danger of stock exchange delisting

April 11, 2011
Scott Olson
The Indianapolis-based health care company's stock, which trades on the NYSE Amex Equities exchange, has closed at an average price of less than 20 cents over a consecutive 30-day trading period, triggering the warning.
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Retail REIT profits may slip on store bankruptcies

April 11, 2011
Associated Press
Retailer bankruptcies likely will weigh on earnings of retail landlords, especially those that own shopping centers and mid-quality malls, an analyst said. But upscale mall owners like Simon Property Group should feel a smaller impact.
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Indiana lawmakers to consider big education proposals

April 11, 2011
Associated Press
A House committee is expected to consider Daniels' proposal for teacher merit pay on Monday, and a Senate committee could vote on the Republican governor's controversial plan for private school vouchers on Wednesday.
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NIPSCO CEO gets pay raise after seeking rate hike

April 10, 2011
Associated Press
Utility says increase reflects executive's broader responsibilities.
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Indiana redistricting maps to be unveiled Monday

April 10, 2011
Associated Press
Republicans, who have complete control of the once-a-decade redistricting process, expect the new districts to be approved by the end of the legislative session.
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Retailers push for online sales taxes

April 9, 2011
Francesca Jarosz
Indiana’s retail lobby is pushing the state to follow a growing number of states passing laws to require online retailers to collect sales tax from customers.
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United Financial Systems slapped with lawsuit

April 9, 2011
Kathleen McLaughlin
An Indianapolis insurance brokerage disciplined for unauthorized legal practice might now face millions of dollars in claims from more than 4,000 former clients because of a class-action suit filed in Marion Superior Court.
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Indiana horse breeders worry cuts would halt boom

April 9, 2011
Associated Press
Indiana's booming thoroughbred horse breeding industry has been growing so fast in recent years it's even lured breeders away from horse powerhouse Kentucky.
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Immigration bill's fate could be determined this week

April 9, 2011
Associated Press
The chairman of an Indiana House committee says he'll decide in the coming days whether the committee will take up a bill aiming for an Arizona-style crackdown on illegal immigration.
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Friends taking next step in theater company's growth

April 9, 2011
Ann Finch
Best friends Cynthia Collins and Judy Fitzgerald open the seventh season of their theater company in the brand new Studio Theatre in Carmel’s Center for the Performing Arts.
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Six faces behind Indianapolis business Twitter handles

April 9, 2011
Gabrielle Poshadlo
Meet the people who tweet for Indianapolis Symphony Orchestra, AAA, Butler University and other local businesses.
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NFL tells future Super Bowl hosts to prepare for extreme weather

April 9, 2011
Anthony Schoettle
After seeing how snow and ice storms hurt the Super Bowl in Dallas this year, the National Football League is requiring that future host cities be better prepared to deal with inclement weather or disasters.
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Indianapolis tech experts talk about the local industryRestricted Content

April 9, 2011
In a question-and-answer forum, leaders weigh in on topics ranging from tech transfer to the future of Aprimo.
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Cummins spurs launch of mechanical engineering programRestricted Content

April 9, 2011
Kathleen McLaughlin
This fall, Indiana University-Purdue University at Columbus will roll out its first four-year mechanical engineering program.
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Wishard gives IT firms in health and life sciences a place to test productsRestricted Content

April 9, 2011
Chris O'Malley
TechPoint-led initiative is meant to help bring inventions to market by giving them a trial in real-world setting.
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Controversial legislation could lead to truck-only toll lanes on I-70

April 9, 2011
Chris O'Malley
Truck-only toll lanes along Interstate 70 are among potential projects that could result from a controversial bill that would allow the governor to authorize toll roads without an OK from the Legislature.
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Firm joins race with IU autism drug

April 9, 2011
J.K. Wall
The Indiana University School of Medicine has licensed a pediatric psychiatrist's patent on an alcohol-dependency drug that the doctor discovered improves the language and social skills of autism patients. IU has licensed the patent to Indianapolis-based Confluence Pharmaceuticals Inc.
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Mayor's charter schools director to leave

April 8, 2011
J.K. Wall
Karega Rausch will become the Indianapolis director of Stand for Children, an Oregon-based not-for-profit that pushes education reform through grass-roots organizing and legislative lobbying.
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Toyota in Indiana to work through production slowdowns

April 8, 2011
 IBJ Staff and Associated Press
Toyota Motor Corp. announced Friday that its Indiana plant in Princeton will operate on a reduced production schedule in the coming weeks, but employees will not lose work because of it.
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  1. Kent's done a good job of putting together some good guests, intelligence and irreverence without the inane chatter of the other two shows. JMV is unlistenable, mostly because he doesn't do his homework and depends on non-sports stuff to keep HIM interested. Query and Shultz is a bit better, but lack of prep in their show certainly is evident. Sterling obviously workes harder than the other shows. We shall see if there is any way for a third signal with very little successful recent history to make it. I always say you have to give a show two years to grow into what it will become...

  2. Lafayette Square, Washington Square should be turned into office parks with office buildings, conversion, no access to the public at all. They should not be shopping malls and should be under tight security and used for professional offices instead of havens for crime. Their only useage is to do this or tear them down and replace them with high rise office parks with secured parking lots so that the crime in the areas is not allowed in. These are prime properties, but must be reused for other uses, professional office conversions with no loitering and no shopping makes sense, otherwise they have become hangouts long ago for gangs, groups of people who have no intent of spending money, and are only there for trouble and possibly crime, shoplifting, etc. I worked summers at SuperX Drugs in Lafayette Square in the 1970s and even then the shrinkage from shoplifting was 10-15 percent. No sense having shopping malls in these areas, they earn no revenue, attract crime, and are a blight on the city. All malls that are not of use should be repurposed or torn down by the city, condemned. One possibility would be to repourpose them as inside college campuses or as community centers, but then again, if the community is high crime, why bother.

  3. Straight No Chaser

  4. Seems the biggest use of TIF is for pet projects that improve Quality Of Life, allegedly, but they ignore other QOL issues that are of a more important and urgent nature. Keep it transparent and try not to get in ready, fire, Aim! mode. You do realize that business the Mayor said might be interested is probably going to want TIF too?

  5. Gary, I'm in complete agreement. The private entity should be required to pay IPL, and, if City parking meters are involved, the parking meter company. I was just pointing out how the poorly-structured parking meter deal affected the car share deal.

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